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Annual inflation in Ukraine reaches 21.5% in June

by The Kyiv Independent news desk July 8, 2022 6:00 PM 1 min read
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Consumer prices in Ukraine accelerated to 21.5% in June, compared to 18% a month earlier, according to the State Statistics Service of Ukraine. The increase, the highest since inflation reached 20% in March of 2016, is due to costs of fuel and food supplies constrained by Russia’s invasion. Ukraine's central bank has hiked interest rates to 25% to combat inflation.

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